Originally Posted by Lite

What about the new money laundering laws that came into action a while back? When Switzerland signed with the US and EU, ending the Savings Agreement and disclosed account numbers and names, every single wealth-paradise tumbled. Call it offshore or whatever. Hiding money is dead unless you're globetrotter spending less than 100 days in any one country per year! - And then you still have to prove your status to the IRS each year, and those gentlemen tend to make decisions depending on the breakfast they had this morning.

I'm not pounding your scheme, I'm only questioning your set up. Basically, you can store money anywhere but it has to be stored openly & taxed accordingly.